Pinboard (asterisk2a)
https://pinboard.in/u:asterisk2a/public/
recent bookmarks from asterisk2aAre The Bond Market Alarm Bells Ringing? (W/Guest: Neil Irwin) - YouTube2016-07-26T22:21:36+00:00
https://www.youtube.com/watch?v=WWE4p031NJs
asterisk2arecovery GFC economic history bond bubble corporate debt bonds Junk PIGS European Union ZIRP NIRP QE hunt for yield reflate reflation equity USA UK secular stagnation austerity monetary policy fiscal squeezed middle class lost decade IMF G20 ChristineLagarde George Osborne Angela Merkel Wolfgang Schäuble Pact overhang Schuldenbremse balance sheet recession non-performing loan zombie bank banks Richard Koo output gap productivity underinvestment productive investment Janet Yellen MarioDraghi trichet Mark Carney Philip Hammond China credit boom 1% 10% 20% neoliberal neoliberalism Chicago School neoclassical economics Japan Abenomics BOJ BOE ECB Fed Supervision Millennials triple-lock pension Baby Boomers babyboomers Generationengerechtigkeit crony capitalism Wall Street Confidence Fairy vigilante David Cameron infrastructure educationhttps://pinboard.in/u:asterisk2a/b:237275757c47/Here's Why All Pension Funds Are Doomed, Doomed, Doomed2016-07-18T11:11:39+00:00
http://www.zerohedge.com/news/2016-05-27/heres-why-all-pension-funds-are-doomed-doomed-doomed
asterisk2aZIRP NIRP QE unintended consequences pension obligation triple-lock babyboomers Baby Boomers demographic bubble ageing population hunt for yield life insurance industry monetary policy Helicopter Money theory bond Richard Koo liquidity trap economic history recovery Fed BOE ECB Abenomics western world Japan BOJ fund Beton Gold Betongold property asset allocation funds Pensioner scheme secular stagnation austerity deflation deflationary Confidence Fairy IMF OECD credit boom New Normal Great Moderation harm damage reflate reflation equity distortionhttps://pinboard.in/u:asterisk2a/b:2db36929adb9/Keiser Report: Gold & World’s Debt Problems (Summer Solutions series E940) - YouTube2016-07-18T09:31:37+00:00
https://www.youtube.com/watch?v=9x_47_MWDic
asterisk2adeflation deflationary NIRP currency war debasement ZIRP QE Helicopter Money secular stagnation western world Abenomics BOE BOJ Fed ECB economic history Richard Koo liquidity trap debt overhang balance sheet recession consumer household mortgage market rates distortion hunt for yield credit boom bubble PBOC China reflate reflation squeezed middle class wage growth income distribution disparity working poor Precariat Brexit GFC too big to jail productive investment underinvestment austerity productivity gap financial instruments banking global economy globalisation globalization derivatives output recovery neoliberal neoliberalism Chicago School neoclassical economics deregulation Wall Street speculative property Beton Gold Betongold aggregate demand short-fall bail fail TBTF complexity systemic risk systemrelevant systemicrisk systemrelevanz zombie bank banks non-performing loan leverage hedge Glass-Steagall Black-Scholes Equationhttps://pinboard.in/u:asterisk2a/b:e7a24f739073/Deutsche Bank Loves Helicopter Money: Why "Big Inflation Is Coming... But Will First Require A Crisis"2016-07-18T04:58:13+00:00
http://www.zerohedge.com/news/2016-07-17/deutsche-bank-loves-helicopter-money-why-big-inflation-coming-will-first-require-cri
asterisk2aDeutsche Bank Italy PIGS sovereign debt crisis austerity Germany Fiscal Pact Schuldenbremse ECB MarioDraghi BuBa Jens Weidmann Wolfgang Schäuble Angela Merkel zombie banks Richard Koo Helicopter Money monetary policy stimulus theory deflation deflationary Brexit European Supervision BaFin BOE BOJ Abenomics right-wing far right far-right Front National AfD UKIP Centrist recovery income distribution inequality Gini coefficient squeezed middle class Precariat working poor globalisation globalization Paul Mason crony capitalism in tax evasion avoidance poverty trap social mobility wage stagnation growth pressure GFC economic history liquidity balance sheet recession overhang household consumer credit card western world secular non-performing loan bail-in bailout recapitalization recapitalisation UK Japanhttps://pinboard.in/u:asterisk2a/b:7f4e73804c37/Japan's Chance to Resist a Turn to the Right - Bloomberg View2016-07-17T06:47:11+00:00
http://www.bloomberg.com/view/articles/2016-07-14/japan-s-chance-to-resist-a-turn-to-the-right
asterisk2aJapan Abenomics liberal economic reform historyhttps://pinboard.in/u:asterisk2a/b:9a271ad9198a/Alan Greenspan on Brexit, U.S. Economy, and Inflation (Full Interview) - YouTube2016-06-29T07:29:45+00:00
https://www.youtube.com/watch?v=ec9i_iGCj80
asterisk2aEuropean Union Brexit fiscal Political ECB Alan Greenspan Fed Yanis Varoufakis Janet Yellen PIGS sovereign debt crisis secular stagnation productivity gap disposable income discretionary spending ageing population current account deficit budget GFC entitlement Abenomics monetary policy pension obligation babyboomers Baby Boomers immigration NIRP ZIRP QE economic history Germany Angela Merkel BOE Mark Carney rising middleclass squeezed middle class working poor Precariat populism demagogue demagogy Donald Trump western world savings rate Gini coefficient social mobility triple-lock fund scheme democracy Career Politicians politician output M2 inflation targeting M3 commodity prices global economyhttps://pinboard.in/u:asterisk2a/b:790f14b770fc/Central bankers on the defensive as weird policy becomes even weirder | Business | The Guardian2016-03-01T09:35:52+00:00
http://www.theguardian.com/business/economics-blog/2016/feb/21/central-bankers-on-the-defensive-as-weird-policy-becomes-even-weirder
asterisk2amonetary policy G20 fiscal stimulus system transmission mechanism liquidity trap UK western world USA Japan Abenomics George Osborne Angela Merkel Wolfgang Schäuble Pact Schuldenbremse economic history recovery secular stagnation productivity underinvestment MarioDraghi ZIRP NIRP QE ECB BOE Fed Taper deflationary deflation nominal GDP targeting inflation zombie banks MervynKing corporations consumer Richard Koo Gini coefficient inequality squeezed middle class wage discretionary spending distortion property bubble disposable income productive investment austerity business confidence foreign direct debt household credit card car loan student folly error short-termism Career Politicians neoliberalism neoliberal trickle-down economics self-regulation City of London banking retail OECD IMF KennethRogoff hot-money hunt for yield asset allocation speculative bubbles speculation reflate reflation financial repression New Normal trusthttps://pinboard.in/u:asterisk2a/b:146590100563/Konjunktur: Welthandel erlebt schwächstes Jahr seit Krise - SPIEGEL ONLINE2016-03-01T09:21:24+00:00
http://www.spiegel.de/wirtschaft/unternehmen/konjunktur-welthandel-erlebt-schwaechstes-jahr-seit-krise-a-1079469.html
asterisk2aChina credit bubble 2015 2016 global economy trade western world secular stagnation economic history BRIC emerging middle class squeezed wage aggregate demand recovery Richard Koo austerity Fiscal Pact Schuldenbremse UK USA Europe Japan Abenomicshttps://pinboard.in/u:asterisk2a/b:f3fcf43b24e1/Energy price slump sends eurozone into deflation - BBC News2016-03-01T01:01:58+00:00
http://www.bbc.co.uk/news/business-35686953
asterisk2aEurope European Union deflationary deflation Fiscal Pact zombie banks liquidity trap ZIRP NIRP QE ECB MarioDraghi monetary policy Richard Koo Angela Merkel Wolfgang Schäuble transmission mechanism Schuldenbremse austerity 2016 economic history recovery secular stagnation demographic bubble ageing population babyboomers Germany OMT TLTRO LTRO George Osborne G20 UK sovereign debt crisis PIGS Japan Abenomics BOJ BOE Mark Carneyhttps://pinboard.in/u:asterisk2a/b:aff67c263ee6/Weltwirtschaft: Ökonomen halten Ende des Wachstums für unvermeidlich - SPIEGEL ONLINE2016-02-26T20:14:33+00:00
http://www.spiegel.de/wirtschaft/soziales/wirtschaft-oekonomen-halten-wachstum-fuer-begrenzt-a-1079310.html
asterisk2aG20 George Osborne UK austerity Europe Schuldenbremse Fiscal Pact Germany Wolfgang Schäuble Angela Merkel secular stagnation Richard Koo aggregate demand budget deficit economic history finite resources resource depletion growth global economy policy monetary error folly Japan Abenomics demographic bubble ageing population AI artificial intelligence Robotics self-driving cars autonomous car structural unemployment long-term youth productivity output gap squeezed middle class Precariat working poor low pay income precarious work Zero Hour Contract Contractor underinvestment marginal cost competitiveness energy price flat world borderless globalization globalisation economics of abundance post-capitalism Larry Summers Gini coefficient inequality Super Rich 1% plutocracy oligarchy democracy social Soziale Marktwirtschaft trickle-down dogma ideology free market self-regulation neoliberalism neoliberal education GDP nominal targeting inflation liquidity trap credit distortion ZIRP NIRP QE USAhttps://pinboard.in/u:asterisk2a/b:1f624fe6c516/Tasting menu: Audio highlights from the February 20th 2016 edition by The Economist2016-02-24T17:19:09+00:00
https://soundcloud.com/theeconomist/tasting-menu-audio-highlights-from-the-february-20th-2016-edition
asterisk2aaggregate demand ZIRP NIRP QE China ECB BOJ Abenomics Taper QT Fed distortion hot-money austerity Richard Koo Fiscal Pact Schuldenbremse George Osborne secular stagnation western world Wolfgang Schäuble Angela Merkel European Union Mark Carney BOE property bubble policy monetary economic history Gini coefficient inequality tax evasion avoidance underinvestment productivity output gap lost decade generation Generationengerechtigkeit bank bailout fairness recovery unintended consequenceshttps://pinboard.in/u:asterisk2a/b:2e37ea4aacae/Beware the Minuses of Negative Interest Rates2016-02-15T15:42:14+00:00
http://www.barrons.com/articles/beware-the-minuses-of-negative-interest-rates-1454543139
asterisk2asecular stagnation emerging middle class demographic bubble ageing population western world ZIRP NIRP QE distortion liquidity trap New Normal financial repression GFC economic history Richard Koo consumer debt squeezed household credit card car loan business confidence student Super Cycle servitude mortgage market asset speculative bubbles hunt for yield hot-money equity bond property BRIC China disposable income discretionary spending Frontier Markets UK USA Europe Japan Abenomics Niall Ferguson Paul Krugman Joseph Stiglitz Gini coefficient inequality distribution mobility wage growth tax evasion avoidance Wall Street profit maximisation shareholder value underinvestment austerity productivity output gap public investment productive infrastructure STEM R&D competitiveness Robert Reich balance sheet recession deleveraging debtoverhang zombie banks corporations macroprudential policy miltonfriedman JohnMaynardKeynes keynes Keynesianism Fiscal Pact monetary Schuldenbremse unconventional QT Taper money supply vehttps://pinboard.in/u:asterisk2a/b:efeaa37a2679/Japan's economy shrinks again as Abenomics is blown off course | World news | The Guardian2016-02-15T15:28:45+00:00
http://www.theguardian.com/world/2016/feb/15/japans-economy-shrinks-again-as-shinzo-abe-kickstart-plan-is-blown-off-course
asterisk2aJapan Abenomics ZIRP NIRP QE inflation targeting economic history deflationary deflation secular stagnation zombie banks corporations zombi Richard Koo western world demographic bubble ageing populationhttps://pinboard.in/u:asterisk2a/b:4d726751357a/Interview With Mohamed El-Erian: Masters in Business (Audio) by Bloomberg View2016-02-15T12:36:41+00:00
https://soundcloud.com/bloombergview/interview-with-mohamed-el
asterisk2aNew Normal financial repression NIRP ZIRP QE economic history secular stagnation GFC credit bubble book western world emerging middle class debtoverhang Richard Koo deleveraging debt servitude Super Cycle household consumer card car loan student KennethRogoff carmenreinhart sovereign crisis austerity Paul Krugman Gini coefficient inequality Joseph Stiglitz distortion monetary policy fiscal transmission mechanism liquidity trap unconventional theory system retirement demographic ageing population far-right Rechtsextremismus Rechtsruck zombie corporations banks Pact Schuldenbremse tax avoidance evasion inflation targeting expectation nominal GDP reflate reflation trust trustagent distrust business confidence public sentiment perception bank bailout Japan Abenomics AIIB IMF China BRIC self-regulation Great Moderationhttps://pinboard.in/u:asterisk2a/b:5a12fd81d01f/Stock market rout intensifies amid fears central banks are 'out of ammunition' | Business | The Guardian2016-02-10T13:43:44+00:00
http://www.theguardian.com/business/2016/feb/10/global-stock-markets-face-rout-amid-fears-central-bankers-out-of-ammunition
asterisk2aAbenomicshttps://pinboard.in/u:asterisk2a/b:419fbbaad09f/'Panic situation': Asian stocks tumble amid fears of new global recession | Business | The Guardian2016-02-09T18:53:29+00:00
http://www.theguardian.com/business/2016/feb/09/panic-situation-as-asian-stocks-tumble-amid-fears-of-new-global-recession
asterisk2aglobal economy 2016 secular stagnation austerity monetary policy fiscal Taper ZIRP QE NIRP liquidity trap western world credit bubble China BRIC Oil price emerging middle class squeezed household debt consumer debtoverhang deleveraging balance sheet recession Richard Koo USA UK Europe economic history card car loan servitude disposable income discretionary spending reflate reflation VIX volatility speculative bubbles property distortion asset allocation equity hunt for yield IMF OECD Frontier Markets market bond Fed BOE ECB Abenomics BOJhttps://pinboard.in/u:asterisk2a/b:6587c0483b07/Masters in Business: Nobel-Prize Economist Paul Krugman (Audio) by Bloomberg View2016-02-07T03:07:07+00:00
https://soundcloud.com/bloombergview/masters-in-business-nobel-1
asterisk2a> austerity from 2010! vested interest plays big role! Policy Makers are on the side of credit, on bond holders. bond holders don't like inflationary period! ... Hyperinflation will come any day! // 31:00 econ needs to be reformulated in class rooms to be much broader subject! << see robert shiller interview! ie behaviour, sociology and psychology, irrational behaviour // 44:15 on keynes! was no left wing socialist, he tried to save capitalism! he had world changing analysis! sometimes there can not be enough demand, same with sometimes it is good to have waste vs nothing, pointless ways to spend money can have a positive effect. ie infrastructure investment - repaving roads = less private repair bills! public transportation = less drunk driving accidents. history shows fiscal stimulus gets always too early withdrawn from deficit hawks!]]>economic history GFC Paul Krugman Thomas Piketty inequality Gini coefficient income social mobility paulkrugman repo bankrun speculative bubbles subprime Generationengerechtigkeit Policy Makers constituency George Osborne austerity error folly credit bubble secular stagnation debt servitude Super Cycle Japan Abenomics fiscal monetary Richard Koo KennethRogoff USA UK European Union lost decade generation Robert Shiller robertshiller book miltonfriedman friedmann JohnMaynardKeynes keynes Keynesianism budget deficit GeorgeOsborne stimulus GordonBrown underinvestment recovery productivity output gap liquidity trap ZIRP NIRP QE infrastructure investment Richardkoo public productive business short-termism neoliberalism neoliberal Privatisation trickle-down economics Rich 1% oligarchy plutocracy democracy corporate welfare subsidies subsidizinghttps://pinboard.in/u:asterisk2a/b:665deb7f8ddc/Japanese economy minister Akira Amari quits over bribery claims - BBC News2016-02-01T01:27:10+00:00
http://www.bbc.co.uk/news/world-asia-35427563
asterisk2aAbenomics TPP bribery corruption Japanhttps://pinboard.in/u:asterisk2a/b:b48a9e41dbb6/"An American view of Abenomics" by Dr. Adam S. Posen - YouTube2016-01-30T03:50:01+00:00
https://www.youtube.com/watch?v=cC2oAxoVJwg
asterisk2aAbenomics Japan economic historyhttps://pinboard.in/u:asterisk2a/b:327e422cae9f/Adam Posen: What Japan and the UK Demonstrate about Macroeconomic Stimulus - YouTube2016-01-30T03:43:50+00:00
https://www.youtube.com/watch?v=8Ko9tcdWY90
asterisk2aAbenomics economic history secular stagnation UK austerity Japan BOE BOJ Mark Carney deflationary deflation demographic bubble ageing population migration immigration Sozialpolitik Integrationspolitik Paul Krugman JGB ZIRP NIRP QE liquidity trap balance sheet recession Richard Koo deleveraging ECB TLTRO LTRO debt monetisation monetization monetary policy transmission mechanism stimulus theory unconventional system financial repression distortion speculative bubbles creditrating creditrisk junk bond NPL credit recovery George Osborne Fiscal Pact Schuldenbremse Super Cycle sovereign crisis debtoverhang currency-war currency debasement war current account deficit trade IMF OBR foreign direct investment Conservative Party nasty fairness Generationengerechtigkeit folly errorhttps://pinboard.in/u:asterisk2a/b:bf6c1d1cc83e/Bank of Japan shocks markets by adopting negative interest rates | World news | The Guardian2016-01-29T17:17:17+00:00
http://www.theguardian.com/world/2016/jan/29/bank-of-japan-shocks-markets-by-adopting-negative-interest-rates
asterisk2aECB BOJ ZIRP NIRP QE debt monetisation monetization monetary policy transmission mechanism theory unconventional stimulus system deposit levy MarioDraghi Abenomics economic history deleveraging debtoverhang balance sheet recession GFC recovery Yen Euro credit bubble liquidity trap distortion asset allocation equity speculative bubbles bond property New Normal financial repression faultlines global economy structural imbalance imbalances demographic ageing population Japan UK secular stagnation western world inflation expectation targeting nominal GDP deflation Sweden Switzerland China Yuan JGB 2016 USA Europe sovereign crisis austerity business confidence consumer Super Cycle currency-war currency debasement warhttps://pinboard.in/u:asterisk2a/b:58f5fa2e9c35/This Is What Janet Yellen Thinks Is The "Worst-Case Scenario" For The U.S. | Zero Hedge2016-01-17T14:52:22+00:00
http://www.zerohedge.com/news/2016-01-15/what-janet-yellen-thought-worst-case-scenario-us
asterisk2aJanet Yellen Japan secular stagnation deflationary deflation debtoverhang debt servitude consumer household credit card squeezed middle class working poor Precariat precarious work Zero Hour Contract part-time disposable income discretionary spending economic history Abenomics equity bubble bail-in speculative bubbles distortion ZIRP NIRP QEhttps://pinboard.in/u:asterisk2a/b:e2d5331a9860/The Great Unraveling Looms - Blame The 'Austrians'? | Zero Hedge2016-01-17T13:47:34+00:00
http://www.zerohedge.com/news/2016-01-16/great-unraveling-looms-blame-austrians
asterisk2acredit bubble economic history BIS GFC QE ZIRP NIRP distortion squeezed middle class secular stagnation working poor card debt household property consumer monetary policy liquidity trap stimulus theory unconventional system China USA subprime car loan servitude discretionary spending disposable income Student Super Cycle debtoverhang sovereign crisis monetisation monetization Fed ECB BOE Japan BOJ Abenomics nominal GDP targeting inflation wage growth distribution inequality low redistribution Gini coefficient Rich 1% plutocracy oligarchy group think tank vested interest groups lobbyist lobby Lobbying revolving door Career Politicians No Representation social democracyhttps://pinboard.in/u:asterisk2a/b:1ef65069ca0f/Börse: Warum Schwellenländer für die Kurskrise sorgen - Kolumne - SPIEGEL ONLINE2016-01-15T13:23:25+00:00
http://www.spiegel.de/wirtschaft/unternehmen/wolfgang-muenchau-ueber-die-stimmung-der-maerkte-kolumne-a-1072145.html
asterisk2atrade deficit BRIC credit bubble western world secular stagnation macroeconomic policy China Japan Germany UK USA Brazil commodity prices Oil price NPL shadow banking economy crisis ZIRP NIRP QE QT speculative bubbles property mortgage market Fed BOE ECB European Union sovereign debt household consumer card car loan private corporate tax evasion avoidance austerity welfare subsidies subsidizing Russia OPEC aggregate demand liquidity trap Richard Koo Richardkoo debtoverhang balance sheet recession servitude student Super Cycle monetisation monetization discretionary spending disposable income squeezed middle class precarious work Precariat working poor neoliberalism neoliberal globalization globalisation borderless flat agreement Hegemony TPP TTIP TISA CETA NAFTA Africa South global current account Frontier Markets faultlines structural imbalance imbalances Taper reflate reflation equity Abenomics economic history India irrational exuberance Robert Shiller inequality Gini coefficient deflationaryhttps://pinboard.in/u:asterisk2a/b:6c0fffb624b9/Megan McArdle on Better Policy Can’t Save Japan (Audio) by Bloomberg View2016-01-14T05:15:50+00:00
https://soundcloud.com/bloombergview/megan-mcardle-on-better
asterisk2aAbenomics Japan demographic bubble trade deficit fiscal policy economic history monetary business confidence consumer immigration China Germanyhttps://pinboard.in/u:asterisk2a/b:228f45a5fb5f/Japan's economy falls back into recession again - BBC News2015-11-19T01:20:30+00:00
http://www.bbc.co.uk/news/business-34829408
asterisk2aJapan Abenomics economic history 2015https://pinboard.in/u:asterisk2a/b:636252ea978f/Icahn warns of potential looming catastrophe2015-09-30T19:59:31+00:00
http://www.cnbc.com/2015/09/27/-of-potential-looming-catastrophe.html
asterisk2aasset bubble speculative bubbles reflate reflation ZIRP NIRP QE UK BOE USA Fed mandate equity bond junk Student Loan car credit card household debt private consumer debtoverhang recovery fiscal policy monetary unconventional 2015 BRIC China Brazil GFC bank crisis bailout banking NPL shadow PBOC BOJ Abenomics hot-money currency-war currency debasement war BIS centralbanks ECB excess reserves investment retail liquidity trap FX QT Taper 2016 secular stagnation Richard Koo Niall Ferguson Joseph Stiglitz austerity Paul Krugman Gini coefficient inequality Super Rich 1%https://pinboard.in/u:asterisk2a/b:9044a66b43d5/IMF warns of new financial crisis if interest rates rise | Business | The Guardian2015-09-29T15:31:05+00:00
http://www.theguardian.com/business/2015/sep/29/imf-warns-new-financial-crisis-interest-rates-rise
asterisk2acredit bubble 2015 Taper centralbanks IMF OECD Frontier Markets Developing World Richard Koo Debt Super Cycle BRIC AIIB Bank recovery global economy trade globalization globalisation flat borderless currency-war currency debasement war BOE BOJ Abenomics ZIRP NIRP QE unknown unkown unintended consequences FOMO asset allocation capital malinvestment speculative bubbles property China Brazil commodity prices Oil price OPEC reflate reflation equity emerging middle class demographic secular stagnation western UK USA Europe Germany austerity divergence faultlines Structural Impediments imbalance Niall Ferguson Fed mandate monetary policy unconventional zombie consumer banks bailout banking crisis fiscal stimulus economic history trickle-down economics tax avoidance evasion inequality Gini coefficient NPL shadow corporations junk bond creditrating distortion financial GFChttps://pinboard.in/u:asterisk2a/b:e0d0d6f45fbc/Rates stay low but fears grow of a market bubble - BBC News2015-09-21T23:55:43+00:00
http://www.bbc.co.uk/news/business-34281167
asterisk2aTaper credit bubble distortion ZIRP NIRP QE 2015 speculative bubbles equity New Normal FOMO hunt for yield bond property capital allocation asset western world BRIC centralbanks BIS Bank PBOC BOE Abenomics currency-war currency debasement war debt monetisation monetization economic history unknown unkown unintended consequences BOJ banking crisis FX reserves excess liquidity trap Richard Koo austerity Fiscal Pact Schuldenbremse UK USA European Union Niall Ferguson secular stagnation developed shadowhttps://pinboard.in/u:asterisk2a/b:bd0ee584e1a9/Weltwirtschaft: BIZ warnt vor Krediten in Schwellenländern - SPIEGEL ONLINE2015-09-19T04:51:08+00:00
http://www.spiegel.de/wirtschaft/unternehmen/weltwirtschaft-biz-warnt-vor-krediten-in-schwellenlaendern-a-1052705.html
asterisk2aBIS credit bubble 2015 China BRIC NPL shadow banking junk bond creditrating crisis excess reserves QE ZIRP NIRP hot-money currency-war currency debasement war centralbanks economic history hunt for yield FOMO speculative bubbles FX Turkey Brazil Developing World Fed distortion unknown unkown unintended consequences Raghuram Rajan BOE BOJ Abenomics PBOC ECB emerging market middle class AIIB Asia South Africa Latin America deflationary deflation secular stagnation western Niall Ferguson globalization globalisation wage disposable income distribution inequality growth mobility gap GFC recovery fiscal policy monetary austerity Pact European Union UK USA Richard Koo Joseph Stiglitz Paul Krugman dogma ideology mandate inflation targeting New Normal trap liquidity reflate reflation asset allocation property capital QT debt monetisation monetization trickle-down economics marginal cost of abundance digital economy Software Is Eating The Bank IMF savings glut faultlines structural imbalance Impediments Super Cycle serhttps://pinboard.in/u:asterisk2a/b:9eccbd653f2a/RICHARD KOO: 'Struggle between markets and central banks has only just begun' - Business Insider2015-09-19T04:40:16+00:00
http://uk.businessinsider.com/richard-koo-struggle-between-markets-and-central-banks-has-only-just-begun-2015-9
asterisk2aRichard Koo Taper 2015 credit bubble reflate reflation monetary policy fiscal Janet Yellen Fed mandate China BRIC global economy trade western world secular stagnation deflationary deflation asset speculative bubbles hunt for yield FOMO property equity bond distortion correction Student Loan ZIRP NIRP QE BIS centralbanks BOE Abenomics BOJ ECB unconventional liquidity trap excess reserves retail banking consumer debt household deleveraging wage growth income low marginal propensity to consume disposable discretionary spending distribution inequality Gini coefficient mobility social Niall Ferguson bank bailout crisis recovery GFC austerity Schuldenbremse Pact European Union UK USA Career Politicians crony capitalism No Representation fairness Generationengerechtigkeit sovereign PR spin doctor reframing framing trickle-down economics neoliberalism neoliberal investment business confidence Blue Ocean PBOC New Normal economic stimulushttps://pinboard.in/u:asterisk2a/b:7750660fcc28/Jim Grant: The Fed Turned the Stock Market Into a 'Hall of Mirrors' - YouTube2015-09-17T01:58:57+00:00
https://www.youtube.com/watch?v=DMyFlsf-tWs
asterisk2aequity bubble frothy distortion USA Fed ZIRP NIRP QE credit BRIC BOE ECB excess reserves correction 2015 BOJ reflate reflation Abenomics hunt for yield recovery GFC Taper FOMO asset allocation capital behavioral finance economics fiscal policy austerity western world developed secular stagnation disposable income distribution growth low gap consumer confidence business investment underinvestment hot-money speculative bubbles speculation currency-war currency debasement war property Richard Koo monetary stimulus fiat transmission mechanism liquidity trap Pact Schuldenbremse Europe UK Japan Germany marginal propensity to consume debt household job creation security working poor inequality Gini coefficient Sozialer Abstieg squeezed middle class precarious work wage mobility Super Rich 1% bank bailout banking crisis sovereign Polarisation Career Politicians dogma ideology crony capitalismhttps://pinboard.in/u:asterisk2a/b:ce1c04291d3a/Brazil's downgrade | Authers' Note - YouTube2015-09-17T01:05:08+00:00
https://www.youtube.com/watch?v=UCT4goZcGrw
asterisk2aBrazil BRIC Developing World China credit bubble Latin America India Russia South Africa 2015 Niall Ferguson NiallFerguson recovery GFC QE ZIRP NIRP distortion emerging middle class western aggregate demand Supply and economic history Richard Koo monetary policy stimulus transmission mechanism theory globalization globalisation hunt for yield FOMO frothy correction equity speculative bubbles speculation property asset allocation capital hot-money currency-war currency debasement war Fed BOE BOJ Abenomics ECB PBOC banking crisis bank bailout austerity UK USA Europe Fiscal Pact Schuldenbremse consolidation trickle-down economics neoliberalism neoliberal income growth disposable discretionary spending low job creation labour market wage secular stagnation distribution Super Rich 1% marginal propensity to consume consumer debt household business investment confidence global trade economy imbalances Structural Impediments imbalance underemployed participation rate productivity output gap macroeconomic microeconomihttps://pinboard.in/u:asterisk2a/b:4e4b0831cb7a/World Bank warns on US rate rise - BBC News2015-09-16T13:33:57+00:00
http://www.bbc.co.uk/news/business-34262005
asterisk2aTaper Fed BOE 2015 BIS ZIRP NIRP QE Richard Koo reflate reflation asset bubble hunt for yield FOMO frothy World Bank distortion unknown unkown unintended consequences capital allocation speculative bubbles speculation monetary policy transmission mechanism liquidity trap theory GFC recovery credit China BRIC Brazil India South Africa Russia Europe UK BOJ Abenomics squeeze excess reserves PBOC economic history creditcrunch crunch ECB commodity prices energy price Oil OPEC petrodollar QT FX global trade New Normal secular stagnation faultlines Structural Impediments imbalance western deflationary deflation austerity fiscal stimulus system debt monetisation monetization unconventional debtoverhang refinancing creditrating creditrisk deleveraging private household disposable income discretionary spending wage growth distribution low inequality Gini coefficient squeezed middle class downward mobility working poor precarious work Zero Hour Contract Contractor self-employment Zeitarbeit Leiharbeit Sozialer Abstieg jhttps://pinboard.in/u:asterisk2a/b:6b397259618a/Pando: Good news! B rounds have doubled in value over five years!2015-09-14T23:28:15+00:00
https://pando.com/2015/09/14/good-news-b-rounds-have-doubled-value-over-five-years/
asterisk2aSilicon Valley Seed Round Party SPV Venture Capital Private Market FOMO hunt for yield B A growth Equity Hedge Fund Angel Investor Micro VC 2015 cost of living credit bubble entry aspirational leverage margin trading asset allocation distortion ZIRP NIRP QE BOE BOJ Abenomics PBOC Fed unintended consequences burn rate runway ECB Mutual unknown unkown inflation targeting mandate expectation secular stagnation deflationary deflation economic speculative bubbles speculation reflate reflation monetary policy unconventional financial repression western world Developing BRIC emerging complexity incomplete informationhttps://pinboard.in/u:asterisk2a/b:7c333b5c182f/Raghuram Rajan - One-on-One: an investigative interview - 44th St. Gallen Symposium - YouTube2015-09-14T22:55:17+00:00
https://www.youtube.com/watch?v=fxvtxhKEYic
asterisk2a> little domestic positive impact but spilled over much across the world! // consequences now seen (1) taper tantrum late 2014 & then summer 2015; china slow-down/equity crash & taper anticipation moves followed up by pulling money out of emerging/developing markets! financial market are divergent from domestic business market. cycles shifted apart slightly. investor, business, financial market & consumer confidence are not linked as tightly before! // financial markets are now global, business markets itself not as much! money can be pulled out digitally in an instance. // no net-positive 4 whole world. selfishness. long-run danger. unintended consequences, unknown unknowns. // global sub-optimal monetary policy // global system (monetary system) broke // uncertainty, unknown of taper. timing debate. game of chicken. volatility bc of lots of froth, distortion! // &! youtu.be/SZe3issLIb8]]>Raghuram Rajan BIS centralbanks hot-money currency-war currency debasement war GFC recovery monetary policy QE ZIRP NIRP excess reserves speculative bubbles reflate reflation economic history faultlines credit bubble BRIC 2015 emerging market Developing World western secular stagnation BOJ Abenomics PBOC globalization globalisation financial zombie banks savings glut business confidence investment USA UK Europe China asset allocation FOMO hunt for yield speculation Super Rich 1% property unconventional Fed BOE ECB inflation expectation targeting mandate deflationary deflation fiscal irrational exuberance panic hubris unknown unkown unintended consequences Taper book structural imbalance Impediments reserve fiat current account deficit trade stimulus Germany austerity dogma ideology credibility Career Politicians Pact Schuldenbremse transmission mechanism theory system complexity incomplete information shadow banking uncertainty volatility distortion repression governancehttps://pinboard.in/u:asterisk2a/b:f34f2d8b5d3e/Japan's IPO of the Century - Bloomberg View2015-09-12T14:18:17+00:00
http://www.bloombergview.com/articles/2015-09-10/japan-s-ipo-of-the-century-will-spur-change
asterisk2aAbenomics Japan economic history 2015 neoliberalism neoliberal TPP Privatisation liberal reform refugee corporate governance culture society demographic bubble competitive competition competitiveness zombie banks corporations deflation Yen BOJ fiscal policy monetary stimulus White Elephants asset allocation R&D STEM industrial China transmission mechanism liquidity trap excess reserves M3https://pinboard.in/u:asterisk2a/b:b0276181f484/Why did Japan stop growing? Professor Takeo Hoshi at ANU - YouTube2015-09-11T21:17:14+00:00
https://www.youtube.com/watch?v=8xpaAPTYAVo
asterisk2aJapan economic history lost decade generation ageing population demographic bubble culture society fiscal stimulus zombie banks corporations banking crisis Exportweltmeister Germany subsidies subsidizing distortion asset Abenomics monetary policy white elephants Richard Koo productivity corporate governance deflationary deflation crowding out Debt Super Cycle BOJ Yen public investment productive stagnation secular currency-war currency debasement war ZIRP QE NIRP liquidity trap transmission mechanism disinflation inflation expectation targeting Makers Career Politicians savings rate glut error marginal propensity to consume poverty squeezed middle class Sozialer Abstieg working poor precarious work inequality Gini coefficient industrial wage growth income disposable distribution low neoliberalism neoliberal part-time Zero Hour Contract Contractor underemployed microeconomic macroeconomic JGB bond monetisation monetization structural imbalance faultlines Impediments excess reserveshttps://pinboard.in/u:asterisk2a/b:62f3990020b3/China's impossible trinity - BBC News2015-09-08T08:52:04+00:00
http://www.bbc.co.uk/news/business-34178247
asterisk2aChina liberal economic reform 2015 credit bubble devaluation currency debasement Yuan RMB PBOC IMF SDR macroeconomics monetary policy fiscal QE recovery GFC history banking crisis shadow NPL debtoverhang balance sheet recession deleveraging property hot-money BRIC western world global trade economy deflationary deflation reflate reflation equity asset allocation distortion unknown unkown unintended consequences Fed BOE BOJ Abenomics war currency-war aggregate demand short-fall Richard Koo consumer debt household student loan servitude sovereign Super Cycle public monetisation monetization private globalisation globalization technological progress flat wage growth stagnation secular borderless imbalances faultlines structural imbalance savings glut Impediments inequality squeezed middle class Europe UK OECD marginal propensity to consume Sozialer Abstieg working poor precarious work income deregulation self-regulation Workers Union pressure disposable distribution redistribution low American Dream USA Gini coehttps://pinboard.in/u:asterisk2a/b:4a6557b466d4/ABN Amro Warns There Is A 40% Chance Mario Draghi Expands ECB QE "As Soon As This Week" | Zero Hedge2015-09-03T07:47:23+00:00
http://www.zerohedge.com/news/2015-09-01/abn-amro-warns-there-40-chance-mario-draghi-expands-ecb-qe-soon-week
asterisk2aQT Quantitative Tightening Taper QE ECB BOJ Abenomics Fed 2015 China monetary policy stimulus unconventional system reserve currency petrodollar PBOC centralbanks reserves FX Treasury Market treasuries bond bubble reflate reflation distortion economic history global trade growth economy OPEC Russiahttps://pinboard.in/u:asterisk2a/b:7925bef793bd/Richard Duncan: The Real Risk Of A Coming Multi-Decade Global Depression - YouTube2015-09-01T20:50:47+00:00
https://www.youtube.com/watch?v=DieONheFQ3U
asterisk2adebt bubble Super Cycle Greenspan-Put Ben Bernanke fiat currency monetisation monetization deflationary deflation secular stagnation Abenomics globalization globalisation Fed centralbanks BIS economic history QE ZIRP NIRP GFC recovery western world technological progress commodity business commoditization economics of abundance marginal cost Janet Yellen benbernanke ECB BOE BOJ monetary policy Zero Hour Contract neoliberalism neoliberal Contractor Zeitarbeit Werkvertrag self-employment freelancing freelance wage growth disposable income discretionary spending dot.com outsourcing flat credit servitude consumer student loan debtoverhang sovereign crisis household private fiscal austerity Richard Koo Mark Blyth Joseph Stiglitz Robert Reich productive investment underinvestment infrastructure Paul Krugman shared interest Industrial Revolution 2.0 Smart Grid STEM education value creation added Manufacturing 3D printing energy price competitive competition competitiveness advantage R&D Research Public Partnership dhttps://pinboard.in/u:asterisk2a/b:b988a93d17c3/Steen Jakobsen: Get Ready For The Biggest Margin Call In History - YouTube2015-08-31T23:59:01+00:00
https://www.youtube.com/watch?v=fnp5ETnKylU
asterisk2aAbenomics Yen Yuan RMB devaluation currency-war fiat currency debasement war deflationary deflation credit bubble PBOC China cycle business financial crisis leverage margin trading underinvestment productive investment public personal infrastructure rebalancing structural imbalance Impediments Career Politicians short-term Fortune 500 shareholder value profit maximisation Wall Street ROI STEM Research R&D confidence consumer New Normal hunt for yield output gap productivity Software Is Eating The World Robotics 3D printing Steen Jakobsen incentive secular stagnation Manufacturing Industrial Revolution 2.0 policy AIIB Asia European Union share buyback 2015 equity speculative bubbles bond property asset allocation distortion demographic ageing population western developed liquidity trap UK USA Europe BOE Fed BOJ ECB bank bailout toobigtofail too big to jail bail banking sovereign debt austerity ideology dogma economic history trickle-down economics neoliberalism neoliberalhttps://pinboard.in/u:asterisk2a/b:d092a0875a0b/Easy Money Creates the Most Dangerous Bubbles - Bloomberg View2015-08-31T19:20:16+00:00
http://www.bloombergview.com/articles/2015-08-31/what-s-the-most-dangerous-type-of-bubble-
asterisk2abook credit bubble liquidity trap Richard Koo economic history zombie banks Mark Blyth Paul Krugman Joseph Stiglitz business confidence investment damage 2015 faultlines structural imbalance unemployment skills gap skill-biased technological change education policy austerity fiscal monetary recovery western world USA UK Europe Germany underinvestment productive infrastructure Smart Grid Software Is Eating The GFC Career Politicians status quo social contract fairness Generationengerechtigkeit banking crisis TBTF too big to bail jail toobigtofail financial market leverage margin trading property mortgage ZIRP NIRP QE Impediments distortion model cycle incentive repression literacy ECB Abenomics BOJ BOE Fed stimulus macroprudential macroeconomic microeconomic deleveraging balance sheet recession debtoverhang BIS unintended consequences unknown unkown PBOC China equity speculative bubbles bond debt asset allocation academia academics economic-thought behavioral economics finance hubris panic consumer trust distrhttps://pinboard.in/u:asterisk2a/b:1e3cc2dccc1d/Mark Blyth: Austerity - The History of a Dangerous Idea - YouTube2015-08-31T01:48:25+00:00
https://www.youtube.com/watch?v=JQuHSQXxsjM
asterisk2aMark Blyth austerity Richard Koo Japan lost generation decade cost of ownership savings rate debt servitude Angst Millennials generationy babyboomers economic history European Union UK USA recovery secular stagnation deflationary deflation balance sheet recession deleveraging Abenomics structural imbalance Impediments culturehttps://pinboard.in/u:asterisk2a/b:aee1e75a3a1e/Will the Next Recession Be Made in China? - Bloomberg Business2015-08-29T22:06:52+00:00
http://www.bloomberg.com/news/articles/2015-08-27/will-the-next-recession-be-made-in-china-
asterisk2aglobal economy China trade Europe USA globalization globalisation borderless flat world contagion economic history 2015 recovery Taper ZIRP NIRP QE distortion faultlines structural imbalance imbalances Impediments PBOC Fed BOE BOJ Abenomics hunt for yield reflate reflation asset allocation bubble speculative bubbles speculation equity bond property Debt Super Cyclehttps://pinboard.in/u:asterisk2a/b:a6ceaad00c4a/On Second Thought, China Slowdown Will Hit Global-Growth Outlook - Bloomberg Business2015-08-29T21:40:14+00:00
http://www.bloomberg.com/news/articles/2015-08-28/on-second-thought-china-slowdown-will-hit-global-growth-outlook
asterisk2aglobal economy BRIC trade deflationary deflation western world UK USA Europe China Russia India 2015 hunt for yield hot-money ZIRP NIRP QE reflate reflation emerging middle class GFC monetary policy asset allocation bubble equity speculative bubbles speculation unintended consequences complexity globalization imbalances globalisation faultlines structural imbalance Impediments secular stagnation economic history BOE Fed BOJ Abenomics ECB zombie banks theory contagion financial repression market bond property PBOChttps://pinboard.in/u:asterisk2a/b:fc18cdac7976/China economy: Weakened foundations by FT Big Read2015-08-24T22:39:44+00:00
https://soundcloud.com/ft-analysis/china-economy-weakened
asterisk2aChina QE reflate reflation GFC recovery economic history 2015 correction distortion asset bubble equity property speculative bubbles speculation hunt for yield allocation fiscal stimulus monetary policy hot-money infrastructure investment public devaluation Yuan RMB PBOC global trade economy deflationary deflation western world globalization globalisation imbalances secular stagnation developed currency-war currency debasement war ZIRP NIRP Japan Abenomics Yenhttps://pinboard.in/u:asterisk2a/b:4127a1424b81/US stocks nosedive in early trading amid collapse in global markets | Business | The Guardian2015-08-24T14:44:58+00:00
http://www.theguardian.com/business/2015/aug/24/us-stocks-dow-falls-global-markets-collapse
asterisk2acorrection asset bubble allocation emerging market hunt for yield unintended consequences 2015 unknown unkown hot-money ZIRP NIRP QE reflate reflation recovery GFC structural imbalance global imbalances China USA western world secular stagnation Developing developed Europe UK Singapore Asia economy trade energy price Oil OPEC economic history Taper Abenomics Japan Fed BOE ECB BOJ Richard Koo equity bond deflationary deflation job creation participation rate industrial policy Makers short-term thinking view folly error PBOC distortion faultlines Impediments STEM underinvestment productive investment output gap productivity Paul Krugman Larry Summers Ben Bernanke Janet Yellen Mark Carney MarioDraghi Angela Merkel Wolfgang Schäuble austerity fiscal Pact Schuldenbremse stimulus George Osborne dogma IMF OECD ChristineLagarde ideologyhttps://pinboard.in/u:asterisk2a/b:b376aac50f71/The Renminbi Rumba | FT Markets - YouTube2015-08-21T11:04:12+00:00
https://www.youtube.com/watch?v=DTZwYppEUlY
asterisk2aYuan RMB China devaluation 2015 Dollar Taper Fed BOE PBOC monetary policy IMF SDR liberal economic reform Asia emerging market Developing World Frontier Markets Abenomics QE currency war debasement fiat Yen historyhttps://pinboard.in/u:asterisk2a/b:5e9654673873/Global economy woes spark share falls - BBC News2015-08-20T12:56:20+00:00
http://www.bbc.co.uk/news/business-34003197
asterisk2aChina Yuan RMB inflation expectation targeting disinflation wage dis-inflation deflationary deflation Fed PBOC currency debasement devaluation war currency-war Dollar Japan Yen BOJ Abenomics economic history Taper 2015 recovery labour market participation rate unemployment structural long-term productivity output gap distortion ZIRP NIRP QE secular stagnation UK USA Europe BIS Oil price OPEC energy New Normal FOMC commodity prices global trade economy headwindshttps://pinboard.in/u:asterisk2a/b:3c5f896bfba3/Japan Exports Its Way to Irrelevance - Bloomberg View2015-08-18T19:39:56+00:00
http://www.bloombergview.com/articles/2015-08-17/japan-exports-its-way-to-irrelevance
asterisk2aGermany Exportweltmeister Japan China India Latin America competitive competition competitiveness flat world borderless globalization globalisation differentiate differentiation Abenomics economic history IMF OECD global economy trade Future of Work Universal Basic Income tax free Mobile Creatives Creative 3D printing Software Is Eating The Robotics automation ownership cost Millennials consumerist consumerism Frontier Markets Developing western UK USA Europe secular stagnation developed current account deficit lohndumping Lohnzurückhaltung liberal reform neoliberalism neoliberal Career Politicians No Representation technological progress biotechnologie biotechnology on-demand convenience marketplace efficiencies commodity business commoditization deflationary deflation 21stcentury Industrial Revolution 2.0 policy error folly inequality Gini coefficient social mobility squeezed middle class complexity Supply and Demand unknown unkown unintended consequences asset bubble allocation hunt for yield currency whttps://pinboard.in/u:asterisk2a/b:74d63ee9ee42/Wirtschaftslage: Ungebremst in die nächste Krise - SPIEGEL ONLINE2015-08-18T09:40:15+00:00
http://www.spiegel.de/wirtschaft/wirtschaftslage-ungebremst-in-die-naechste-krise-a-1048209.html
asterisk2aUK USA Europe recovery 2015 Taper economic history ZIRP NIRP QE austerity OECD IMF Richard Koo fiscal policy monetary BIS Japan China reflate reflation asset bubble equity unknown unkown unintended consequences secular stagnation lost decade generation Abenomics stimulus GFC sovereign debt crisis debtoverhang balance sheet recession deleveraging transmission mechanism Supply and Demand Oil price OPEC deflationary deflation currency war debasement hunt for yield distortion bank bailout EuropeanSystemicRiskBoard globalization globalisation flat world borderless inflation expectation demographic ageing population western Developing Frontier Marketshttps://pinboard.in/u:asterisk2a/b:9b57f3907fe7/Japan's economy shrinks by 0.4% in a blow for 'Abenomics' growth plan | World news | The Guardian2015-08-17T21:07:45+00:00
http://www.theguardian.com/world/2015/aug/17/japans-economy-shrinks-by-04-in-a-blow-for-abenomics-growth-plan
asterisk2aequity bubble BOJ Abenomics China 2015 western world developed Taper QE NIRP ZIRP economic history global economy trade Europe UK USA fiscal policy monetary Yen Richard Koo Oil price OPEC energy Supply and Demand structural imbalance Impediments faultlines GFC trickle-down economics tax evasion avoidance capitalism crony Wall Street bank bailout microeconomic microeconomics behavioral finance deleveraging debt servitude balance sheet recession debtoverhang Psychology sociology savings rate uncertainty insecurityhttps://pinboard.in/u:asterisk2a/b:d98d1d7d3b3e/China's Devaluation Becomes Japan's Problem - Bloomberg View2015-08-14T03:51:00+00:00
http://www.bloombergview.com/articles/2015-08-13/china-s-devaluation-becomes-japan-s-problem
asterisk2aJapan economic history Abenomics BOJ 2015 China Yuan RMB currency debasement war devaluation fiscal policy QE ZIRP NIRP liquidity trap monetary deflationary deflation globalisation globalization secular stagnation western world UK USA Europe Germany Lohnzurückhaltung lohndumping Makers competitive competitiveness Exportweltmeister advantage competition flat New Normal Richard Koo Developing Frontier Markets borderless global trade economy balance sheet recession consumer confidence debtoverhang debt servitude sovereign crisis Super Cycle financial zombie banks corporations zombi creative destruction Silicon Valley technological progress skill-biased change Software Is Eating The Mobile Creatives Future of Work deleveraging asset bubble Wall Street reflation reflate hunt for yield allocation inflation targeting Fed BOE PBOC ECB transmission mechanism theoryhttps://pinboard.in/u:asterisk2a/b:f6f36e01b07b/The Unseen Consequences of Zero-Interest-Rate Policy2015-08-09T02:10:47+00:00
https://mises.org/library/unseen-consequences-zero-interest-rate-policy
asterisk2a> and false impression that austerity works great! // and as Richard Koo in one of his recent presentations (for his new book) said - Fed does not know how Taper will unfold, especially the problematic thing of long-dated bonds on their books and how to get them into the market.]]>ZIRP NIRP QE Taper Richard Koo economic history academia academics fiscal policy monetary recovery GFC hunt for yield asset allocation bubble 2015 distortion productive investment financial repression literacy damage Group behaviour behavioral economics savings rate balance sheet recession deleveraging glut structural deficit imbalance Impediments faultlines austerity Makers Career Politicians No Representation folly error unintended consequences unknown unkown UK USA Europe ECB Fed Abenomics lost decade generation BOE liquidity traphttps://pinboard.in/u:asterisk2a/b:e7b6a317aad6/Richard Koo: "Out of the Balance Sheet Recession and into QE 'Trap'" - YouTube2015-07-14T20:49:47+00:00
https://www.youtube.com/watch?v=rMGUveWr7Fg
asterisk2a2015 UK USA liquidity trap QE ZIRP NIRP balance sheet recession deleveraging debtoverhang Japan Fed BOE BOJ GFC recovery austerity economic history model academia deflationary monetary transmission mechanism M3 LTRO TLTRO lost decade generation fiscal policy Career Politicians bond bubble equity property negative real interest rate deposit levy growth trickle-down economics secular stagnation headwinds Great Depression PIIGSFB PIGS macroeconomic microeconomic damage behavioral zombie banks Abenomics squeezed middle class wage cash flow management trust distrust long-term view thinking sovereign debt crisis servitude household monetisation monetization Super Cycle student loan private consumer George Osborne David Cameron competitiveness competitive industrial budget2015 business investment infrastructure demographic uncertainty Sozialer Abstieg disposable income discretionary spending Yen JGB Taper greatrecession USD dogma ideology public short-term productivity output gap underinvestment productive book savihttps://pinboard.in/u:asterisk2a/b:7117ac773faf/David Stockman: Central Banks Setting Up World for Bad Time - YouTube2015-07-14T18:12:28+00:00
https://www.youtube.com/watch?v=CCY4DNLRCgE
asterisk2aBIS deflationary deflation financial repression BOE Fed ECB BOJ ZIRP NIRP QE Abenomics monetary policy unconventional system stimulus theory modern debt monetisation monetization inflation expectation currency war unknown unkown unintended consequences GFC recovery secular stagnation austerity fiscal economic history IMF debasement targeting disinflation hyperinflation dis-inflation deleveraging leverage balance sheet recession debtoverhang dot.com bubble Super Cycle fiat money trust trustagent Nassim Taleb Black Swan Greecehttps://pinboard.in/u:asterisk2a/b:92a696706bd3/Abenomics: Is It Time to Label the Plan a Failure? - YouTube2015-07-14T18:03:47+00:00
https://www.youtube.com/watch?v=45zD6KEeGHs
asterisk2aAbenomics BOJ economic history Japan lost decade generation QE ZIRP NIRP fiscal policy monetary stimulus demographic bubble deflationary deflation inflation expectation debt monetisation monetization financial repression Richard Koohttps://pinboard.in/u:asterisk2a/b:ba5587ff7ef9/What Explains the Persistent Lack of Inflation? - YouTube2015-05-29T15:49:25+00:00
https://www.youtube.com/watch?v=msPHa9oxVcg
asterisk2asecular stagnation western world disinflation deflationary 2015 economic history model economics of abundance marginal cost Lohnzurückhaltung Niedriglohnsektor income growth squeezed middle class QE ZIRP NIRP fiscal policy austerity monetary liquidity trap Abenomics demographic bubble complexity unintended consequences unknown unkown deleveraging balance sheet recession society productivity UK USA Europe Japan OECD output gap participation rate labour market Fed BOE ECB BOJ IMF recovery GFC tax evasion avoidance Wall Street profit maximisation shareholder value Super Rich 1% crony capitalism bailout inequality Gini coefficient trickle-down damage macroeconomics microeconomics neoliberal neoliberalism Schuldenbremse Pact PIGS zombie banks corporations consumerhttps://pinboard.in/u:asterisk2a/b:67c64a76c7b7/Yen breakout - YouTube2015-05-29T02:35:54+00:00
https://www.youtube.com/watch?v=UybEc-qCXcM
asterisk2aYen Japan Abenomics debt monetisation monetization devaluation currency warhttps://pinboard.in/u:asterisk2a/b:5850d8cc9cc6/Paul Krugman ; 2015 Fed Rate Increase Is Unlikely Need More to Revive U.S. Economy - YouTube2015-05-14T11:55:00+00:00
https://www.youtube.com/watch?v=0d1I2Qmyfbo
asterisk2aTaper economic history monetary policy Fed NIRP ZIRP QE POMO TARP full employment structural imbalance global imbalances globalisation globalization labour market economics secular stagnation deflationary inflation flat world borderless Industrial Revolution 2.0 BRIC competition Paul Krugman Japan lost decade generation Europe deflation PIGS trade headwinds ECB BOJ Abenomics austerity zombie corporations banks sovereign debt crisis Super Cycle liquidity trap debtoverhang balance sheet recession model participation rate output gap Western long-term unemployment unintended consequences inequality Gini coefficient social mobility income Rich 1% tax evasion avoidance complexityhttps://pinboard.in/u:asterisk2a/b:ebe3f89a89f9/Meet the World's Most Bearish Investment Manager - YouTube2015-05-13T20:50:14+00:00
https://www.youtube.com/watch?v=dCX5xCsiv6I
asterisk2aspeculative bubbles equity bubble ZIRP NIRP QE dot.com GFC asset allocation hunt for yield 2015 Wall Street bond debt monetisation monetization distortion Taper underinvestment productive investment productivity output gap Fed Abenomics BOE BOJ ECB market correction HFT flashcrash fiscal policy monetary austerity IMF OECD economic history folly errorhttps://pinboard.in/u:asterisk2a/b:e2984ff2474e/Why trade tops the agenda as Abe meets Obama - BBC News2015-04-28T09:50:21+00:00
http://www.bbc.co.uk/news/business-32482375
asterisk2atradedeal TTIP Japan America Abenomics CETA NAFTA globalisation globalization protectionism Wall Street shareholder value profit maximisation crony capitalismhttps://pinboard.in/u:asterisk2a/b:72e1b7b2b36c/Solving the productivity puzzle - BBC News2015-04-20T19:20:47+00:00
http://www.bbc.co.uk/news/business-32386492
asterisk2aproductivity output gap recovery GFC Western World UK Service Sector Jobs Services Industry Share Economy STEM Niedriglohnsektor Manufacturing Industrial Revolution policy Robotics deflationary secular stagnation OECD economic history equity bubble bond ZIRP NIRP QE business investment confidence austerity fiscal sovereign debt crisis monetary algorithm automation Software Is Eating The borderless flat globalisation globalization competitive Europe USA China Asia BRIC Russia Latin America digital precarious work working poor poverty squeezed middle class coldprogression cold progression tax evasion avoidance Super Rich productive 1% speculative bubbles liquidity trap debtoverhang zombie corporations banks consumer property demographic complexity incomplete information lost decade generation Abenomics Japan uncertainty distrust No Representation Career Politicians trust trustagent folly Wall Street shareholder value profit maximisation academia sociology sentiment fear anxiety status crony capitalism social cohttps://pinboard.in/u:asterisk2a/b:12dda99693e2/Marc Andreessen on innovation and diversity | Fortune - YouTube2015-04-19T22:08:55+00:00
https://www.youtube.com/watch?v=71JE89uWBCQ
asterisk2a2015 IPO M&A Wall Street shareholder value Silicon Valley bubbles equity bubble bond recovery GFC ZIRP NIRP QE BOE BOJ Abenomics ECB Fed Public Market Private hunt for yield single-class share structure Marc Andreessen Venture Capital Unicorn economic history macroeconomics debt secular stagnation demographic speculative behavioral economics finance distortion sovereign crisis zombie corporations banks consumer Super Cycle monetisation monetization deleveraging debtoverhang balance sheet recessionhttps://pinboard.in/u:asterisk2a/b:c12c0e51b97e/Deutschlands Handelsbilanz: Die Probleme einer Exportnation - SPIEGEL ONLINE2015-04-13T21:03:08+00:00
http://www.spiegel.de/wirtschaft/soziales/deutschlands-handelsbilanz-die-probleme-einer-exportnation-a-1028256.html
asterisk2abusiness confidence trustagent trust GFC recovery deleveraging global imbalances balance sheet recession debtoverhang sovereign debt crisis PIGS Europe ECB economic history IMF austerity OECD investment productive productivity output gap UK Wall Street Germany France infrastructure BRIC Asia Latin America borderless globalisation flat world globalization savings glut ZIRP NIRP QE hunt for yield bond bubble unintended consequences Taper USA Fed BOE Abenomics BOJ lost decade generation youth unemployment precarious work Precariat Service Sector Jobs Share Economy Services Industry Industrial Revolution Future of Software Is Eating The automation Robotics AI artificial intelligence augmented algorithm Super Rich 1% middle class squeezed living wage working poor Exportweltmeister crony capitalism exploitation lobby Lobbying lobbyist Career Politicians No Representation consumer demographic zombie corporations banks secular stagnation structural imbalance Impediments faultlineshttps://pinboard.in/u:asterisk2a/b:3f1271ebb648/Tech Bubble? Maybe, Maybe Not | TechCrunch2015-03-29T23:04:16+00:00
http://techcrunch.com/2015/03/24/tech-bubble-maybe-maybe-not/
asterisk2aSilicon Valley speculative bubbles speculation hunt for yield ZIRP NIRP QE flat world globalisation globalization borderless cost of entry barriers to unintended consequences complexity Taper Abenomics lost decade liquidity trap debtoverhang sovereign debt crisis deleveraging Wall Street Start-Up lesson advicehttps://pinboard.in/u:asterisk2a/b:34dcc2453548/Another economic crash is coming. How did this happen? – video | Comment is free | The Guardian2015-02-09T22:53:33+00:00
http://www.theguardian.com/commentisfree/video/2015/feb/04/another-economic-crash-is-coming-how-did-this-happen-video
asterisk2adebt bubble bond sovereign crisis monetization private Super Cycle consumer jubilee restructuring monetisation household debtoverhang public GFC ZIRP NIRP hunt for yield monetary transmission mechanism liquidity trap Bailout TBTF toobigtofail too big to jail fiat currency trust trustagent confidence haircut OECD lost decade generation Abenomics QE Japan western world UK USA bookhttps://pinboard.in/u:asterisk2a/b:96706a958d48/Capitalism in Crisis Amid Slow Growth and Growing Inequality - SPIEGEL ONLINE2014-10-24T14:31:44+00:00
http://www.spiegel.de/international/business/capitalism-in-crisis-amid-slow-growth-and-growing-inequality-a-998598.html
asterisk2aJapan economic history GFC recovery greatrecession 2014 secular stagnation faultlines Abenomics Richard Koo structural imbalance global imbalances Impediments deficit liquidity trap globalisation globalization flat world Gini coefficient social cohesion income inequality mobility downward disposable academia academics fiscal policy monetary debtoverhang Debt Super Cycle sovereign crisis deleveraging NPL zombie banks business investment consumer confidence balance sheet recession creditcrunch Wall Street crony capitalism excess Bailout toobigtofail TBTF too big to jail unintended consequences equity bubble asset ZIRP NIRP QE OMT TARP LTRO TLTRO Funding for Lending Scheme IMF BIS Europe UK USAhttps://pinboard.in/u:asterisk2a/b:b539c50178ce/Thomas Mayer und sein Buch "Die neue Ordnung des Geldes" - SPIEGEL ONLINE2014-10-21T02:23:06+00:00
http://www.spiegel.de/wirtschaft/thomas-mayer-und-sein-buch-die-neue-ordnung-des-geldes-a-996475.html
asterisk2abook GFC toobigtofail TBTF too big to jail BIS IMF Fed academia economic history BOE BOJ Abenomics ECB ZIRP NIRP QE OMT LTRO TLTRO Bailout liquidity trap monetary theory policy unintended consequences asset bubble equity unknown unknowns unkown Debt Super Cycle transmission mechanism consumer confidence business trust trustagent fiat currency model economics macroeconomicshttps://pinboard.in/u:asterisk2a/b:1b62dcf56645/